Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Shares Bought by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC lifted its position in shares of Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) by 2.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,322 shares of the company’s stock after buying an additional 379 shares during the quarter. United Capital Financial Advisors LLC owned approximately 0.13% of Invesco S&P MidCap Low Volatility ETF worth $1,114,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in Invesco S&P MidCap Low Volatility ETF in the 4th quarter worth approximately $10,750,000. Commonwealth Equity Services LLC grew its position in shares of Invesco S&P MidCap Low Volatility ETF by 13.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 285,293 shares of the company’s stock valued at $17,352,000 after purchasing an additional 33,126 shares during the period. Golden State Wealth Management LLC purchased a new stake in shares of Invesco S&P MidCap Low Volatility ETF in the fourth quarter valued at $1,326,000. Independent Advisor Alliance acquired a new position in Invesco S&P MidCap Low Volatility ETF in the fourth quarter valued at $1,304,000. Finally, Jones Financial Companies Lllp lifted its position in Invesco S&P MidCap Low Volatility ETF by 58.0% during the fourth quarter. Jones Financial Companies Lllp now owns 57,694 shares of the company’s stock worth $3,509,000 after buying an additional 21,181 shares during the period.

Invesco S&P MidCap Low Volatility ETF Stock Performance

XMLV opened at $59.36 on Friday. Invesco S&P MidCap Low Volatility ETF has a 1 year low of $53.56 and a 1 year high of $65.99. The company’s 50 day simple moving average is $60.56 and its 200 day simple moving average is $61.60. The stock has a market capitalization of $758.62 million, a PE ratio of 18.20 and a beta of 0.74.

About Invesco S&P MidCap Low Volatility ETF

The Invesco S&P MidCap Low Volatility ETF (XMLV) is an exchange-traded fund that is based on the S&P MidCap 400 Low Volatility index. The fund tracks a volatility-weighted index of the 80 least volatile S&P 400 companies. XMLV was launched on Feb 15, 2013 and is managed by Invesco.